KILLEEN (September 1, 2014) Many fired the grill for Labor Day weekend and noticed that beef prices were at a record high. They've nearly doubled in the past ten years according to the Bureau of Labor Statistics.
Local meat owner Jim Cosper at Cosper's Country Meat Market, said it's was due to the drought. "It's due to the drought and a lot of the cattle was froze to death up north."
He and his wife said they have not been affected by the rise in beef. This Labor Day customers had begged them to stay open for the holiday. Cosper said this was the first time this year they stayed open on Labor Day and they almost sold out of steaks.
They think it's likely due to it being the end of the summer for people. "Why do we want what we know we can't have? Most people come in and they want steaks. They can't afford them but they still buy them," said Sissy Cosper.
While many didn't let the price of beef get to them, others that grilled for the holiday kept it simple with hamburgers and hot dogs.
"If it's like you're doing an event or something, that's when you prefer the meat to be lower," said local resident, Ariana Ross.
Avocado, shrimp and turkey have increased in price too. "Sometimes if we want to spend more money we get steak and chicken, but if we don't want to spend that much we just stick with the hamburgers and hot dogs because it's more cost efficient," said Ross.
Chicken and corn were cheaper this year. Cosper said cow prices will continue to be high until the supply of cow is back up.